I checked the box for a Roth IRA $5500 contribution but it does not show up anywhere in the hard copy. Is that a problem? How does the IRS know about it?
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I checked the box for a Roth IRA $5500 contribution but it does not show up anywhere in the hard copy. Is that a problem? How does the IRS know about it?
I checked the box for a Roth IRA $5500 contribution but it does not show up anywhere in the hard copy. Is that a problem? How does the IRS know about it?
The ROTH IRA contributions are not deductible, so they do not
have to be reported on your return. However, the institution where you invest your
ROTH IRA, will report this investment to the IRS, and you should also receive a
copy of the Form 5498.
I checked the box for a Roth IRA $5500 contribution but it does not show up anywhere in the hard copy. Is that a problem? How does the IRS know about it?
The ROTH IRA contributions are not deductible, so they do not
have to be reported on your return. However, the institution where you invest your
ROTH IRA, will report this investment to the IRS, and you should also receive a
copy of the Form 5498.
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